** Japan's Fujitsu Ltd said it was in talks about selling its mobile phone business to investment fund Polaris Capital Group, becoming the latest Japanese electronics maker to withdraw from the sector.

** Singapore-listed ESR-REIT and rival Viva Industrial Trust are in advanced merger talks aimed at boosting scale for both companies in a tough operating environment for the industry, sources familiar with the matter said.

** The Spanish government will approve a takeover bid by Italian motorway operator Atlantia for Spanish rival Abertis at the weekly cabinet meeting, a source at the public works ministry said.

** Walmart has struck a partnership with e-commerce firm Rakuten Inc to launch an online grocery delivery service in Japan, its latest effort to forge an alliance with a popular homegrown chain to crack a competitive market.

** Temenos said it has not been approached by anyone seeking to buy the Swiss banking software group following speculation a deal might be in the works.

** The Spanish government approved a takeover bid by Italian motorway operator Atlantia for Spanish rival Abertis at the weekly cabinet meeting on Friday, the government's spokesman said.

** Norway's Telenor has received an expression of interest ahead of a potential bid for its mobile phone operations in central and eastern Europe, and will evaluate its options, it said.

** An attempt by Singaporean billionaire Kwek Leng Beng to take full control of Millennium & Copthorne Hotels (M&C) in a deal valuing the business at 2 billion pounds collapsed after minority shareholders blocked the acquisition.